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Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS (IST:HRKET) Retained Earnings : ₺3,954 Mil (As of Jun. 2024)


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What is Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's retained earnings for the quarter that ended in Jun. 2024 was ₺3,954 Mil.

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's quarterly retained earnings increased from Jun. 2023 (₺0 Mil) to Dec. 2023 (₺3,002 Mil) and increased from Dec. 2023 (₺3,002 Mil) to Jun. 2024 (₺3,954 Mil).

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's annual retained earnings increased from Dec. 2021 (₺1,804 Mil) to Dec. 2022 (₺1,992 Mil) and increased from Dec. 2022 (₺1,992 Mil) to Dec. 2023 (₺3,002 Mil).


Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Retained Earnings Historical Data

The historical data trend for Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Retained Earnings Chart

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
1,804.29 1,991.89 3,002.03

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Quarterly Data
Dec21 Dec22 Jun23 Dec23 Jun24
Retained Earnings 1,804.29 1,991.89 - 3,002.03 3,953.80

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS  (IST:HRKET) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Business Description

Traded in Other Exchanges
N/A
Address
Eyup Sultan Mh. Sekmen Cd. No: 28, Sancaktepe, Istanbul, TUR
Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS is a company whose main activities consist of project transportation, crane and equipment rental, assembly, and storage services, including heavy load transportation in the energy, petrochemical, oil and gas, infrastructure construction, and shipbuilding sectors, as well as installation, commissioning, and field testing of the equipment it uses. It is engaged in the provision of services, malfunction, maintenance, and repair activities.

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